Antero Resources Corp (AR) recent activity suggests a positive outlook with the last week’s performance of -4.89%

Antero Resources Corp (NYSE: AR) on Friday, plunged -2.11% from the previous trading day, before settling in for the closing price of $31.76. Within the past 52 weeks, AR’s price has moved between $20.10 and $36.28.

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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 19.49%. The company achieved an average annual earnings per share of -87.73%. With a float of $288.04 million, this company’s outstanding shares have now reached $311.03 million.

The extent of productivity of a business whose workforce counts for 604 workers is very important to gauge. In terms of profitability, gross margin is 30.24%, operating margin of 3.38%, and the pretax margin is 2.85%.

Antero Resources Corp (AR) Insider and Institutional Ownership

Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Antero Resources Corp is 7.43%, while institutional ownership is 83.60%. The most recent insider transaction that took place on Aug 05 ’24, was worth 1,262,000. In this transaction an insider of this company sold 50,000 shares at a rate of $25.24, taking the stock ownership to the 248,363 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 50,000 for $25.24, making the entire transaction worth $1,261,813.

Antero Resources Corp (AR) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -87.73% per share during the next fiscal year.

Antero Resources Corp (NYSE: AR) Trading Performance Indicators

Antero Resources Corp (AR) is currently performing well based on its current performance indicators. A quick ratio of 0.28 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.20. Likewise, its price to free cash flow for the trailing twelve months is 12.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 2.35 in one year’s time.

Technical Analysis of Antero Resources Corp (AR)

The latest stats from [Antero Resources Corp, AR] show that its last 5-days average volume of 3.47 million was inferior to 4.08 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.84%. Additionally, its Average True Range was 1.02.

During the past 100 days, Antero Resources Corp’s (AR) raw stochastic average was set at 64.82%, which indicates a significant increase from 12.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.53% in the past 14 days, which was lower than the 40.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.53, while its 200-day Moving Average is $29.78. Now, the first resistance to watch is $31.66. This is followed by the second major resistance level at $32.22. The third major resistance level sits at $32.71. If the price goes on to break the first support level at $30.61, it is likely to go to the next support level at $30.12. The third support level lies at $29.56 if the price breaches the second support level.

Antero Resources Corp (NYSE: AR) Key Stats

Market capitalization of the company is 9.47 billion based on 311,164K outstanding shares. Right now, sales total 4,682 M and income totals 242,920 K. The company made 1,056 M in profit during its latest quarter, and -20,440 K in sales during its previous quarter.